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PFM ETF — Holdings & Analysis

Invesco Dividend Achievers ETF (PFM) is an equity ETF with $0.73 billion in assets under management and an expense ratio of 0.52%.

PFM aims to replicate the NASDAQ US Broad Dividend Achievers Index, focusing on companies that have increased their annual dividend for at least 10 consecutive fiscal years. The fund's strategy of investing in dividend-paying stocks offers investors exposure to established companies with a history of consistent dividend growth.

Invesco Dividend Achievers ETF (PFM) ETF — Price, Holdings & Analysis

Invesco Dividend Achievers ETF (PFM) is an equity ETF with $0.73 billion in assets under management and an expense ratio of 0.52%. PFM aims to replicate the NASDAQ US Broad Dividend Achievers Index, focusing on companies that have increased their annual dividend for at least 10 consecutive fiscal years. The fund's strategy of investing in dividend-paying stocks offers investors exposure to established companies with a history of consistent dividend growth.

ETF 개요

Invesco Dividend Achievers ETF (Fund) seeks to replicate, before fees and expenses, the NASDAQ US Broad Dividend Achievers Index (Index), which is designed to identify a diversified group of dividend-paying companies. The Fund will normally invest at least 90% of its total assets in dividend paying common stocks that comprise Index. These companies have increased their annual dividend for 10 or more consecutive fiscal years. The Fund and the Index are reconstituted annually in March and rebalanced quarterly in March, June, September and December. As of 08/31/2025 the Fund had an overall rating of 4 stars out of 1077 funds and was rated 4 stars out of 1077 funds, 3 stars out of 1018 funds and 5 stars out of 826 funds for the 3-, 5- and 10- year periods, respectively. Source: Morningstar Inc. Ratings are based on a risk-adjusted return measure that accounts for variation in a fund's monthly performance, placing more emphasis on downward variations and rewarding consistent performance. Open-end mutual funds and exchange-traded funds are considered a single population for comparison purposes. Ratings are calculated for funds with at least a three year history. The overall rating is derived from a weighted average of three-, five- and 10-year rating metrics, as applicable, excluding sales charges and including fees and expenses. ©2025 Morningstar Inc. All rights reserved. The information contained herein is proprietary to Morningstar and/or its content providers. It may not be copied or distributed and is not warranted to be accurate, complete or timely. Neither Morningstar nor its content providers are responsible for any damages or losses arising from any use of this information. Past performance does not guarantee future results. The top 10% of funds in a category receive five stars, the next 22.5% four stars, the next 35% three stars, the next 22.5% two stars and the bottom 10% one star. Ratings are subject to change monthly. Had fees not been waived and/or expenses reimbursed currently or in the past, the Morningstar rating would have been lower. Ratings for other share classes may differ due to different performance characteristics.
PFM aims to mirror the performance of the NASDAQ US Broad Dividend Achievers Index by investing at least 90% of its assets in dividend-paying common stocks included in the index. The index selects companies that have increased their annual dividend for 10 or more consecutive fiscal years, indicating financial stability and a commitment to returning value to shareholders. The fund is reconstituted annually in March and rebalanced quarterly. PFM's top holdings include well-known companies such as Walmart Inc (3.87%), Eli Lilly and Co (3.77%), and Apple Inc (3.65%). Sector allocation is heavily weighted towards Technology (20.5%), Financial Services (18.9%), and Healthcare (16.0%). This ETF may appeal to investors seeking a blend of dividend income and capital appreciation through exposure to companies with a proven track record of dividend growth.

위험 지표

PFM's risk profile is influenced by its sector allocations and stock selection methodology. The fund's significant allocation to Technology (20.5%), Financial Services (18.9%), and Healthcare (16.0%) sectors means that its performance is sensitive to the performance of these sectors. With 426개 보유 종목, the fund is reasonably diversified, mitigating some company-specific risk, although the top 10개 보유 종목 account for a significant portion of the fund's assets. The fund's 3-year beta of 0.78 suggests that it is less volatile than the overall market. The expense ratio of 0.52% will create a drag on performance relative to the index. Past performance does not guarantee future results.

운용보수율

0.52%

주요 보유 종목

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  • 기술: 20.5%
  • 금융 서비스: 18.9%
  • 헬스케어: 16.0%
  • 필수소비재: 12.7%
  • 산업재: 12.2%
  • 에너지: 4.9%
  • 유틸리티: 4.4%
  • 경기소비재: 4.4%
  • 기초 소재: 2.8%
  • 부동산: 1.7%
  • 커뮤니케이션 서비스: 1.3%
  • 현금 및 기타: 0.1%
  • 미국: 95.8%
  • 아일랜드: 2.5%
  • 영국: 1.0%
  • 스위스: 0.5%
  • 버뮤다: 0.2%
  • 기타: 0.1%

배당수익률

1.38%

위험 지표

  • 베타: 0.78

질문 및 답변

What is PFM and what does it track?

Invesco Dividend Achievers ETF (PFM) seeks to replicate the performance of the NASDAQ US Broad Dividend Achievers Index. This index is designed to track the performance of a diversified group of dividend-paying companies that have increased their annual dividend for 10 or more consecutive fiscal years. PFM invests at least 90% of its total assets in the common stocks that comprise the Index. As of 2026-03-15, PFM has $0.73 billion in assets under management and holds 426 different stocks.

What is the expense ratio for PFM?

The expense ratio for PFM is 0.52%. This means that for every $10,000 invested in the fund, investors will pay $52 in annual fees to cover the fund's operating expenses. While not the lowest in the equity ETF category, it is important to consider the fund's investment strategy and historical performance alongside the expense ratio to determine its overall value.

What are the top holdings in PFM?

As of 2026-03-15, the top holdings in PFM include: Walmart Inc (WMT) at 3.87%, Eli Lilly and Co (LLY) at 3.77%, Apple Inc (AAPL) at 3.65%, JPMorgan Chase & Co (JPM) at 3.10%, and Microsoft Corp (MSFT) at 3.08%. These companies represent a significant portion of the fund's assets and can influence its overall performance. Investors should be aware of the concentration of the fund's assets in these top holdings.

Is PFM a good long-term investment?

Whether PFM is a suitable long-term investment depends on an individual's investment goals and risk tolerance. PFM offers exposure to dividend-paying companies with a history of increasing dividends, which can provide a steady income stream and potential for capital appreciation. The fund's expense ratio of 0.52% and 3-year beta of 0.78 should be considered. Past performance does not guarantee future results, and investors should conduct thorough research before making any investment decisions.

How does PFM compare to similar ETFs?

PFM competes with other dividend-focused ETFs in the market. Key differentiators include its focus on companies with at least 10 years of consecutive dividend increases and its index-tracking approach. Other dividend ETFs may have different screening criteria, sector allocations, or expense ratios. PFM has $0.73 billion in AUM. Comparing PFM's expense ratio of 0.52% and historical performance to those of similar ETFs is essential for making an informed investment decision.

Does PFM pay dividends?

Yes, PFM is designed to invest in dividend-paying companies and distributes dividends to its shareholders. As of 2026-03-15, PFM has a dividend yield of 1.38%. The dividend yield represents the annual dividend payment as a percentage of the fund's share price. The actual dividend payments may vary over time.